Where do you think DVC resale prices are headed?

[Dean]

It’s possible that there are some posters who don’t tell the truth about the price they paid, but you can still see trends in pricing on these boards, even if the odd duck is lying for some bizarre reason.

I'm doubt most people lie but what I think happens quite often is many underestimate their true price and over estimate their savings by failing to consider closing and maintenance fees. That's esp true since most people actually overpay the fees as a reimbursement to the seller. The "you get the points you pay the fees" is a flawed and inappropriate stance where DVC is concerned because the fees are paid on a calendar year basis rather than UY basis.

 

[striker1064]

It's also that this board is a small subset of resale buyers. Plus, it's likely even fewer people actually bother posting to the ROFR thread. That thread skews toward lower pricing, and anytime I see a higher than usual price, there's at least one and often multiple posters commenting on it. It would be easy to see why someone who paid higher than average might not want to post there.

The AKV pricing confuses me. I wouldn't pay $120, we paid way less under a year ago. So, we put our contract for sale. If no one bites at $120, no problem, we bought for a reason. If it does go for $120 we're taking that straight to the bank because it was an easy and unexpected flip. And we can always jump back in when the market turns down again.

 

[kerrylacherry]

The "you get the points you pay the fees" is a flawed and inappropriate stance where DVC is concerned because the fees are paid on a calendar year basis rather than UY basis.

100% agree on the MF - When I was putting in offers in August, none of the agents would budge on the MF, even when I argued that by the time it closed I'd be on the hook for the next year's MF as well. It was extremely frustrating that no one had a better answer to why beyond "that's the way it is."

 

[CLE2WDW]

100% agree on the MF - When I was putting in offers in August, none of the agents would budge on the MF, even when I argued that by the time it closed I'd be on the hook for the next year's MF as well. It was extremely frustrating that no one had a better answer to why beyond "that's the way it is."

It’s one of the worst arguments an agent/seller can make. If you’re that concerned about recouping your 2020 dues then rent the points out and then sell the contract. I had an offer fall apart because the seller was dead set on the buyer paying the 2020 MF on a BC February contract. So I backed out of the potential sale and it continues to fill me with joy that the contract is still on the market. The agent/seller even had the nerve to follow up with me weeks later to offer to split the 2020 MF... I politely said the seller can pound sand.

 

[kerrylacherry]

I had an offer fall apart because the seller was dead set on the buyer paying the 2020 MF on a BC February contract. So I backed out of the potential sale and it continues to fill me with joy that the contract is still on the market. The agent/seller even had the nerve to follow up with me weeks later to offer to split the 2020 MF... I politely said the seller can pound sand.

I had one that advertised no dues, but they included both the 2020 and 2019 dues (for the banked points) in their ridiculously high list price. They would not budge either.

 

[Lorana]

100% agree on the MF - When I was putting in offers in August, none of the agents would budge on the MF, even when I argued that by the time it closed I'd be on the hook for the next year's MF as well. It was extremely frustrating that no one had a better answer to why beyond "that's the way it is."

Also agreed. If the agent pushes back on my offer because I want the seller to pay MFs, I lower my offer to cover them. Especially for any contract I made an offer for after June, since at that point you’d be looking at 3 months or less remaining in 2020.

 

[Dean]

100% agree on the MF - When I was putting in offers in August, none of the agents would budge on the MF, even when I argued that by the time it closed I'd be on the hook for the next year's MF as well. It was extremely frustrating that no one had a better answer to why beyond "that's the way it is."

IMO one has to question either the intelligence or the honesty of a company that is well familiar with DVC that takes this philosophy because the way the dues are calculated is straight forward (calendar year basis). The easy way to tell what they should be is "what would the dues be if buying direct?". Other than when one is buying during the UY and gets reduced fees, everything else is simply what the dues are supposed to be, not a sales benefit. As a buyer you just figure the overall cost and decide if it's worth it or not.

 

[Lva5]

When you go to SSR just request Grandstand, first on, first off. Problem with Skyliner is when it stops, could be for 2 min, could be 20 min, you'll never know and it's too late to get off

...are you sure they stop the Skyliner with people on board?

 

[Starport Seven-Five]

...are you sure they stop the Skyliner with people on board?

They don't intentionally stop it with people on board.

 

[cometdad2010]

Just to get a feel for a reasonable price... our membership info just arrived for our first resale contract (200 points AKV, Oct use year). We're looking to add on a second 100-150 point contract, either AKV or SSR with the same Oct use year. I've been watching multiple resale listings, but haven't pulled the trigger on anything yet. What's a reasonable price per point for both? I don't want to go too low with ROFR seeming to pick up, but I don't want to get a bad deal, either. I was thinking 100-105/point for SSR and 105-110 for AKV? Does that make sense on a 100-150 point contract?

 

[E2ME2]

Just to get a feel for a reasonable price... our membership info just arrived for our first resale contract (200 points AKV, Oct use year). We're looking to add on a second 100-150 point contract, either AKV or SSR with the same Oct use year. I've been watching multiple resale listings, but haven't pulled the trigger on anything yet. What's a reasonable price per point for both? I don't want to go too low with ROFR seeming to pick up, but I don't want to get a bad deal, either. I was thinking 100-105/point for SSR and 105-110 for AKV? Does that make sense on a 100-150 point contract?

I think 100 is still high for SSR. I know some were recently taken in the 90s, but I would not go above $90

AKV hasn't had ROFR exercised in a long time; I would try 95-99/PP there.
Here's latest ROFR table:

 

[cometdad2010]

I think 100 is still high for SSR. I know some were recently taken in the 90s, but I would not go above $90

AKV hasn't had ROFR exercised in a long time; I would try 95-99/PP there.View attachment 531490
Here's latest ROFR table:

Thank you! That chart is very helpful.

 

[davidl81]

I think 100 is still high for SSR. I know some were recently taken in the 90s, but I would not go above $90

AKV hasn't had ROFR exercised in a long time; I would try 95-99/PP there.View attachment 531490
Here's latest ROFR table:

I think shooting for under 90 at SSR is going to be really hard to pass ROFR right now. If you have tons of time and patience then go for it, but I wouldn’t be shocked if you get a bunch taken by Disney at that price point in the near term. Seems like mid to high 90s is even tough right now.

 

[Ruttangel]

Just to get a feel for a reasonable price... our membership info just arrived for our first resale contract (200 points AKV, Oct use year). We're looking to add on a second 100-150 point contract, either AKV or SSR with the same Oct use year. I've been watching multiple resale listings, but haven't pulled the trigger on anything yet. What's a reasonable price per point for both? I don't want to go too low with ROFR seeming to pick up, but I don't want to get a bad deal, either. I was thinking 100-105/point for SSR and 105-110 for AKV? Does that make sense on a 100-150 point contract?

This SSR listing has been there a while, could be had for under $90
https://vacatia.com/vacation-club-resales/disney-vacation-club-55523

 

[poofyo101]

This SSR listing has been there a while, could be had for under $90
https://vacatia.com/vacation-club-resales/disney-vacation-club-55523

Unlikely 90 makes it through ROFR the way it sits right now.

 

[Ruttangel]

Unlikely 90 makes it through ROFR the way it sits right now.

I agree, but you could get lucky, could be international seller for example

 

[poofyo101]

I agree, but you could get lucky, could be international seller for example

Yes just trying to help the poster as she has made passing rofr an important factor

 

[EM Lawrence]

They don't intentionally stop it with people on board.

I’ve only been on the SL half a dozen times, but it experienced brief stops every single time. I was always so relieved to hear the message that we were about to start moving again, because I still have not forgotten that nightmare of people getting stuck for 3 hours in the air when it first opened. I was in another Disney chat group with one of the people stuck onboard, and he was giving us live updates. They were in the gondola with about 7 people, their party plus another party. That is pretty crowded for those gondolas. Fortunately, that has not happened again!

 

[EM Lawrence]

If you are very worried about ROFR, I’d wait a couple of months before putting in offers. I’ve become extremely bearish on the future of DVC prices, and the economy in general. The company just laid off 28,000 people and that included entire divisions of DVC. They may be buying back contracts right now due to a short term spike in demand for buyers who want to get in before the blue card minimum increases to 125, but I expect that demand to fizzle out pretty quickly. I don’t think DVC resale or direct have felt the full pain of this economic disaster created by Covid yet. DVC can’t continue to support itself primarily on sales to existing members. They need fresh buyers in the parks to feed their machine, and it is going to be an extended period of time before they all come back again. YMMV.

 

[Grumpy by Birth]

I'm doubt most people lie but what I think happens quite often is many underestimate their true price and over estimate their savings by failing to consider closing and maintenance fees. That's esp true since most people actually overpay the fees as a reimbursement to the seller. The "you get the points you pay the fees" is a flawed and inappropriate stance where DVC is concerned because the fees are paid on a calendar year basis rather than UY basis.

I often wonder about this on the ROFR threads. It says to include those fees in the total (which I did when posting about my recent purchase), but sometimes posts appear to omit that information.

Even if the seller paid the MFs, there are almost certainly SOME closing costs. So when I see a post there that reflects, for example, 100 points at $100 and the reported total is $10K even, I have to think some information is missing.

I don't think anyone's lying about what they paid to "brag" but I do think some of those costs get omitted on the ROFR thread for whatever reason.